Information Provided By:
Fly News Breaks for November 28, 2016
FCAU
Nov 28, 2016 | 09:06 EDT
Evercore ISI analyst George Galliers upgraded Fiat Chrysler to Buy from Sell, making the case that there is "no CEO who gives greater consideration to shareholder value" among those running automakers than Sergio Marchionne. Among the many other reasons he gives for his upgrade, Galliers notes that FCA is not exposed to financial services, and associated credit risk, in the U.S. and he believes it is less exposed to the low-margin and under-pressure passenger car segment. The analyst raised his price target on Fiat Chrysler shares to EUR10 from EUR6.
News For FCAU From the Last 2 Days
There are no results for your query FCAU